{
  "id": 18077752,
  "title": "Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%",
  "url": "https://urgent.news/2026/11/04/jack-dorseys-block-faces-764-million-doj-settlement-as-bitcoin-profit",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T06:06:04.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/markets/2026/11/04/jack-dorsey-s-block-faces-usd764-million-doj-settlement-as-bitcoin-profit-plunges-50"
  },
  "original_language": "en",
  "account": null,
  "summary": "The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block's quarterly bitcoin gross profit.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Block raises full-year profit outlook as Cash App drives Q3 growth",
        "url": "https://urgent.news/2026/11/03/block-raises-full-year-profit-outlook-as-cash-app-drives-q3-growth",
        "published": "2026-11-03T21:09:41.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Block raises full-year profit outlook as Cash App drives Q3 growth",
        "url": "https://urgent.news/2026/11/04/block-raises-full-year-profit-outlook-as-cash-app-drives-q3-growth",
        "published": "2026-11-04T00:13:46.000Z"
      },
      {
        "outlet": "The Block",
        "title": "Block Inc. shares rise 6% after-hours as it raises full-year profit forecast",
        "url": "https://urgent.news/2026/11/04/block-inc-shares-rise-6-after-hours-as-it-raises-full-year-profit",
        "published": "2026-11-04T04:13:10.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}